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19 January, 2018 4:52 PM RCom told to refund customers

The Telecom Regulatory Authority of India (TRAI) on Friday directed Reliance Communications (RCom) and Reliance Telecom to refund the unused balance of their prepaid customers and security deposits of their post-paid subscribers. The companies would also require to report compliance to the regulator by February 15 for prepaid users and by March 31, 2018 for post-paid 23

19 January, 2018 2:33 PM New CBI Case Against Ex-Noida Chief Engineer

The Central Bureau of Investigation (CBI) filed the FIR against Yadav Singh, five private companies based in Delhi, Noida and Ranchi and some unidentified Noida officials. New Delhi: The CBI has registered a fresh corruption case against Noida's former Chief Engineer Yadav Singh for awarding contracts worth Rs 116.39 crore to five private companies by violating 20

19 January, 2018 2:10 PM Galaxy Surfactants fixes Rs 1,470-1,480 price-band for IPO

Galaxy Surfactants today said it has fixed price band between Rs 1,470 and Rs 1,480 per equity share for its initial public offer (IPO). The company plans an IPO of up to 6,331,674 equity shares of face value of Rs 10 each for cash. The offer consists of an offer for sale of up to 39,250 equity shares by the promoter selling-shareholders up to 2,107,804 equity 20

19 January, 2018 11:27 AM SAT allows PW to audit some clients

Partial relief coming in for audit firm Price Waterhouse - the Securities Appellate Tribunal (SAT) has refused to lift a Securities and Exchange Board of India (Sebi) ban on the company. However, the tribunal has offered a partial respite. Last week Sebi had barred Price Waterhouse from auditing listed companies for a period of two years, after a probe 30

19 January, 2018 8:39 AM Petrol, Diesel Price Go Up Further. Latest Rates In Top Cities

Domestic petrol and diesel prices are mostly determined by global crude prices, the dollar-rupee exchange rate and government taxes. Petrol and diesel prices continued to rise on Friday amid rising global crude oil rates. Petrol prices were hiked by 14-15 paise per litre in Delhi, Kolkata, Mumbai and Chennai while diesel rates increased by 19-20 paise 27

19 January, 2018 7:15 AM Indian tribunal refuses to lift SEBI ban on Price Waterhouse, but offers partial respite

India's Securities Appellate Tribunal (SAT) said on Friday that Price Waterhouse can continue to service existing clients whose financial year started on Jan. 1 2018, but it refused to grant a stay on a two-year audit ban ordered by the market regulator. The markets regulator, Securities and Exchange Board of India, last week barred Price Waterhouse 30

19 January, 2018 1:23 AM HRD Ministry to review research parks

Prakash Javadekar says efforts of IIT-Madras will be replicated across the country Human Resource Development Minister Prakash Javadekar said his Ministry will set up a committee to review how research parks in the Indian Institutes of Technology are faring. Mr. Javadekar, who visited the IIT-Madras research park and inaugurated the country’s first university-based 32

18 January, 2018 5:25 PM Budget 2018: What UK companies want from the Finance Minister

The Union Budget is just around the corner and CNBC-TV18 has been speaking to representatives from various sectors to gauge their expectations from the Finance Minister this time around. Today we will be focussing on the Budget wish list of British companies operating in India. The Confederation of British Industry in association with the UKIBC surveyed 19

16 January, 2018 1:34 PM ADB invests $50 mn in True North to support mid-market biz

The ADB today said it has invested USD 50 million in True North VI LLP (True North VI) to provide equity capital to middle-market companies in India embarking on their next phase of growth. True North was established in 1999 (as India Value Fund) with a view to investing in mid-sized, India-centric businesses. "Through its investment in True North VI, ADB will support 37

16 January, 2018 5:45 AM Explain battery slow-down, Shanghai consumer council asks Apple

Beijing: The Shanghai Consumer Council has sent an inquiry letter to Apple over the slow-down of older iPhones after an iOS update, demanding a reply before Friday. The council demanded the cause of the performance and remedy measures as well as complete information regarding the interests of consumers, Xinhua news agency reported on Tuesday. The council 43